Pacific Potash Corp Announces Joel Mendes Rennó Jr as Adviser
April 08 2014 - 9:30AM
Access Wire
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / April 8th 2014 /
Pacific Potash Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P,
"Pacific Potash", "the Company") is pleased announce the
appointment of Mr. Joel Mendes Renno Jr. as special advisor to the
Company for the purposes of assisting in the development of the
Amazonas Potash Project in matters related to government policies
and funding. The Company has provided Mr. Renno a strong and broad
mandate to use his special expertise in the legal, financing and
mining sectors in Brazil to increase shareholder value.
Mr. Renno J.D., has extensive knowledge and experience in the
legal, operations, finance and investment sectors within the
capital market industry, most notably with the EBX Group of
Companies spearheaded by Eike Batista. Having held numerous
executive positions within EBX Group, including Managing Partner,
Co-Head of Corporate Finance and Senior Corporate Counsel for EBX
Holding Ltda, he was involved in an array of acquisitions with
emphasis in the resource sector, and assisted in growing the
company's profile both within Brazil and internationally.
Mr. Renno's executive and senior management experience
encompasses all types of transactions, with main areas of practice
focused on: public and private mergers and acquisitions (local and
cross-border), public and private equity, hybrid and debt
offerings, exclusive sale assignments, joint ventures, corporate
restructuring, tax planning and business creation and
development.
In addition to advising Pacific Potash with the development of
the Amazonas Potash Project, he will also assist in reviewing
properties for potential acquisition within the agriculture and
mining sectors, as well as accessing potential joint venture
partners and raising concurrent financing.
There is no assurance that the Company will acquire additional
assets, and in the interim, management continues to evaluate all
transactions, opportunities and activities in respect of the
Amazonas Potash Project in Amazonas State, Brazil.
On his appointment, Mr. Renno was granted 250,000 share purchase
options exercisable at $0.055 per share for a period of 10 years
pursuant to TSX policies.
We Seek Safe Harbor.
On behalf of the Board,
Pacific Potash Corporation
Balbir Johal
Executive Co-Chairman, Director & CEO
For further information, please visit our website at
www.pacificpotash.com or +1 604.895.7446.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Caution concerning forward-looking information
This press release contains "forward-looking information" and
"forward-looking statements" within the meaning of applicable
securities laws. This information and statements address future
activities, events, plans, developments and projections. All
statements, other than statements of historical fact, constitute
forward-looking statements or forward-looking information. Such
forward-looking information and statements are frequently
identified by words such as "may," "will," "should," "anticipate,"
"plan," "expect," "believe," "estimate," "intend" and similar
terminology, and reflect assumptions, estimates, opinions and
analysis made by management of Pacific Potash in light of its
experience, current conditions, expectations of future developments
and other factors which it believes to be reasonable and relevant.
Forward-looking information and statements involve known and
unknown risks and uncertainties that may cause Pacific Potash's
actual results, performance and achievements to differ materially
from those expressed or implied by the forward-looking information
and statements and accordingly, undue reliance should not be placed
thereon. Risks and uncertainties that may cause actual results to
vary include but are not limited to the availability of financing;
fluctuations in commodity prices; changes to and compliance with
applicable laws and regulations, including environmental laws and
obtaining requisite permits; political, economic and other risks;
as well as other risks and uncertainties which are more fully
described in our annual and quarterly Management's Discussion and
Analysis and in other filings made by us with Canadian securities
regulatory authorities and available at www.sedar.com. Pacific
Potash disclaims any obligation to update or revise any
forward-looking information or statements except as may be
required.
SOURCE: Pacific Potash Corporation
Pacific Silk Road Resour... (TSXV:PP)
Historical Stock Chart
From Nov 2024 to Dec 2024
Pacific Silk Road Resour... (TSXV:PP)
Historical Stock Chart
From Dec 2023 to Dec 2024